Short Interest in Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) Decreases By 94.5%

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 42,302 shares, a decline of 94.5% from the February 12th total of 769,238 shares. Based on an average daily volume of 544,622 shares, the days-to-cover ratio is currently 0.1 days. Currently, 2.1% of the company’s stock are short sold. Currently, 2.1% of the company’s stock are short sold. Based on an average daily volume of 544,622 shares, the days-to-cover ratio is currently 0.1 days.

Tradr 1X Short Innovation Daily ETF Stock Down 0.3%

Tradr 1X Short Innovation Daily ETF stock opened at $31.00 on Thursday. Tradr 1X Short Innovation Daily ETF has a one year low of $26.68 and a one year high of $74.56. The business’s fifty day moving average is $30.43 and its 200 day moving average is $30.15.

Tradr 1X Short Innovation Daily ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Tuesday, December 23rd were paid a $0.8523 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a dividend yield of 295.0%.

Tradr 1X Short Innovation Daily ETF Company Profile

The AXS Short Innovation Daily ETF (SARK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively-managed fund that seeks to achieve -1x the return, for a single day, of the ARK Innovation ETF (ARKK) through swap agreements with major global financial institutions. SARK was launched on Nov 9, 2021 and is managed by AXS Investments.